Mother son sumi has fall almost 90% from top.
The company fundamental is still strong and it wll be.
Short term impact has destroyed the price in past 2 year.
Target only for our paid members.
Keep sl below 47
Often Misunderstood concept of Elliot Waves is its usage as a be all and end of technical analysis.
Simply put Elliot is not a predictive tool but is the "THEORY" of way the market moves, hence relying on it solely to predict future movement is problematic and the counts change all the time and in "RETROSPECT"
Am sure those fanboys may not agree with me but all...
The Nifty Auto index was trading 1.17 per cent down at 8487.20 around 09:48 am.
Today Market is so cool Steel and Pharma Sector is bullish note but nifty auto index is 1.17 per cent down it's very clear think Tata Motors (down 3.27 per cent), Maruti Suzuki IndiaNSE -1.96 % (down 1.97 per cent) , Motherson Sumi SystemsNSE -2.40 % (down 1.92 per cent) and Apollo...
3 WAYS TO MOVING IS POSSIBLE FOR MOTHERSON SUMI. EXACT RESISTANCE POINT NOW IF MOVING UP 2 ND RESISTANCE POINT IS HAPPEN. OTHER WAY NOT SURVIVE THIS POINT IT IS POSSIBLE FOR DOWNTREND. PROTECT ITS OWN INDEX.